Short-term short order cover rubber maintained a volatile market

The dawn of reconciliation in Sino-US trade negotiations has also provided support for the macroeconomic environment for the rubber market
.
However, due to the disappointing GDP growth in the third quarter announced over the weekend, and many geopolitical issues unresolved, financial markets as a whole may still have a strong risk aversion
.
After the rubber futures price returns to the basic spread structure of the spot price premium, it pays attention to the possibility
that a new round of market may appear in the future market.

In terms of spot, the October FOB price of No.
3 cigarette tablets on October 18 was around 44.
53 baht, down 0.
68 baht
from the previous session.
The October FOB price of No.
20 standard rubber was around 39.
37 baht, down 0.
03 baht
from the previous session.
The USS spot price was around 37.
29 baht, up 0.
15 baht
from the previous session.

The rebound at the end of last week mainly came from the cover of short-term short orders, and the point in between was close to the October contract drop month, and the adjustment of the premium structure will form a certain suppression
of the far month price in the short term.
Watch for new trends in the market after the listing of new contracts next week
.